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Pfizer Bid for AstraZeneca Has No Guarantees for Sweden

The U.K. won a pledge from Pfizer Inc. to protect research jobs in the country should it succeed in buying AstraZeneca Plc. Sweden, the home country of AstraZeneca Chairman Leif Johansson, has received no such assurances.

Since Sweden’s Astra AB was bought by Zeneca Plc in 1999, the combined company has diminished its presence in the Scandinavian country. AstraZeneca’s workforce in Sweden now stands at 5,900, about 11 percent of the London-based company’s total and down from 8,419 in 2008 before the shuttering of research sites in Lund and Soedertaelje.